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Faisal sultan 23
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Faisal sultan 23
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What 2 digit Number do you see? 14 87 93 45$ETH $BTC $SOL
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$BNB spot treading āļø
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$BNB $BTC $ETH future signal new update š„
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$ETH ETH has officially broken out of a long-standing descending parallel channel on the daily chart ā a key structural shift in market sentiment. This breakout is further supported by a successful close above the 50 EMA, which had acted as dynamic resistance throughout the downtrend. Key Technical Developments: - Broke out of a descending parallel channel - Closed above 50 EMA for the first time in weeks - Strong daily candle with 8% gain confirms momentum shift Immediate Support: $1,790 (former resistance zone turned support) Next Major Resistance: $2,393 This is the mid-zone before ETH challenges the broader supply area around $2,550ā2,850. This breakout mirrors Ethereum's typical behavior during previous cycle expansions ā grinding accumulation followed by aggressive breakout moves. The confluence of the EMA breakout and channel structure suggests we could be looking at the beginning of a broader trend reversal. Trading Plan: Retests towards $1,850ā$1,790 can offer high R:R entries. Watch for continuation patterns or consolidation above $2,000 for the next push. ETH is reclaiming momentum ā if BTC remains stable, this move could
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favorite coin binance $BNB $BTC $PEPE
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